Spin-off Extravaganza (OTIS, MSGE, IAC/MTCH) w/ Richard Howe, StockSpinOffInvesting.com (Episode 29)
This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hive. Richard Howe joins the Hive for the second time! It's our first guest with a second appearance and we're stoked to bring you this conversation. This episode is IDEA HEAVY and features 5-6 new spin-off ideas for you to research, study and add to your watchlist. Rich dives deep into the following spin-offs: Otis Worldwide (OTIS) Carrier (CARR) Ecolab (ECL) Madison Square Garden Entertainment (MSGE) IAC/Interactive (IAC) Match Group (MTCH) Kontoor Brands (KTB) Howmet Aerospace (HWM) We also discuss shorting micro-cap stocks, Rich's friends asking for stock gambles and how Rich finds interesting, low-risk arbitrage situations in the markets. Here's the show outline: 3:25 - Recent Spin-offs (MSGE, OTIS, CARR, ECO) 5:14 - MSGE Bull Thesis 11:24 - How To Capitalize Lease Payments 17:40 - MSGE Pre-Mortum 22:03 - Otis Worldwide (OTIS) 24:25 - Carrier (CARR) 30:00 - Normalizing Cyclical Earnings 34:35 - Ecolab Spin-off Arbitrage 45:54 - Howmet Aerospace (HWM) 52:30 - IAC/Interactive & Match Group (MTCH) 68:11 - Front-Running an ETF with Kontoor Brands (KTB) 76:10 - Shorting Micro-Cap Stocks (ZOOM) 83: 45 - Position-Sizing Shorts 88:25 - When Your Friends Ask For Stock Gambles 91:00 - Closing Questions As always, thanks so much for listening! If you like what we're doing, please subscribe and leave a rating and review wherever you're listening. It goes a long way. If you're interested in Rich's premium service, click here and use the code "Macroops" for a 25% discount. Make sure to follow Rich on Twitter @Stockspinoffss